Romanian bank BCR's Q1 net profit drops

Austria's Erste Group said on Friday the net profit of its majority owned Romanian bank Banca Comerciala Romana (BCR) dropped 40% on the year to 39.2 million euro ($42.8 million) in the first three months of 2017, seenews.com informs.
BCR's consolidated net profit attributable to owners of the parent also dropped 40% to 36.8 million euro in the first quarter of 2017, compared to the same period of last year.
The ...